Current Affairs EU In or Out

[Bruce Wayne]

Better?

The amount of drama around that plant could fill a soap opera tbh. This seems to have been a regular process over the last 4 years.

 

[Jebus_lives]

They won’t believe it until someone puts it on twitter.....

The amount of drama around that plant could fill a soap opera tbh. This seems to have been a regular process over the last 4 years.

You probably shouldn't believe it either...

We now have a story circulated in a foreign newspaper translated into English, quoting an unnamed manager suggesting one thing, and now a rebuttal from a local newspaper stating unquoted dismissal from unknown source.

As @Bruce Wayne points out. It's just all the drama.

 

[edge]

Dropping tariffs is great, I'm just not sure why Truss would agree a deal that makes it easier to import cars from Japan while presumably knowing that Nissan are planning to up sticks? For a politician, that seems a bit bonkers.

You are talking Tories here mate
To be honest even if they drop them , with the effects of the pandemic on the economy ect.
And the growing green issue surge in importance , I suspect the tariffs would get replaced with green taxes anyway, we have electric cars ,, but are a long way off getting a super tanker loaded with cars half way around the world in any way that could be clean and environmentally friendly.
Pretty pointless us going fossil fuel free on the roads then burning vast quantities of that very thing to get the electric cars here.

 

[Tubey]

The amount of drama around that plant could fill a soap opera tbh. This seems to have been a regular process over the last 4 years.

It's almost literally their sole economic driver though.

 

[orchard]

You are talking Tories here mate
To be honest even if they drop them , with the effects of the pandemic on the economy ect.
And the growing green issue surge in importance , I suspect the tariffs would get replaced with green taxes anyway, we have electric cars ,, but are a long way off getting a super tanker loaded with cars half way around the world in any way that could be clean and environmentally friendly.
Pretty pointless us going fossil fuel free on the roads then burning vast quantities of that very thing to get the electric cars here.

Quite, but a lot of our emissions have been exported.

 

[Tubey]

I'd scarcely trust Truss to tie her own shoelaces to be honest.

A modern political visionary right there.

 

[Bruce Wayne]

A modern political visionary right there.

It'd be nice if some of them weren't complete weirdos wouldn't it?

 

[The binman chronicles]

They won’t believe it until someone puts it on twitter.....

The only way that it doesn't close is if we get brexit in name only and there is a trade deal similar to what we have now, or the UK government give a Japanese company public funds to make up the losses occurred (Unlikely and not taking back control is it), or like East Germany and their Trabants we are ALL going to drive Nissan Jukes.

If the just in time parts are subject to an import charge and a delay it won't/can't work unless they have got a huge warehouse to stock years worth of parts. Put your business cap back on and have a think about it for a moment. Do you stay in a country that makes the cars more expensive to build, takes longer and then you have to pay import charges making them more expensive to serve the largest percentage of the market or do you move to the EU, trade normally (probably even cheaper labour costs) and just lose a percentage of the smaller chunk of the market seeing the increased costs coming in to the UK? Even that isn't clear as all manufacturers will be more expensive.

 

[roydo]

Brexit: Gov’t to strip away FSCS protections for EU funds

Investors in EU-domiciled funds will not have recourse to the FSCS and will have to apply to foreign compensation authorities to get their money back if a product blows up after Brexit.

citywire.co.uk

I think this will get fixed, but not exactly sure how.

But it certainly wasnt part of any debate iirc, on the pros and cons.

As is stands though, circa £60 billion of money will not be subject to UK protection from 1st Jan. The irony of Rees Mogg shifting his operation to Dublin is not lost on me neither.

 

[peteblue]

The only way that it doesn't close is if we get brexit in name only and there is a trade deal similar to what we have now, or the UK government give a Japanese company public funds to make up the losses occurred (Unlikely and not taking back control is it), or like East Germany and their Trabants we are ALL going to drive Nissan Jukes.

If the just in time parts are subject to an import charge and a delay it won't/can't work unless they have got a huge warehouse to stock years worth of parts. Put your business cap back on and have a think about it for a moment. Do you stay in a country that makes the cars more expensive to build, takes longer and then you have to pay import charges making them more expensive to serve the largest percentage of the market or do you move to the EU, trade normally (probably even cheaper labour costs) and just lose a percentage of the smaller chunk of the market seeing the increased costs coming in to the UK? Even that isn't clear as all manufacturers will be more expensive.

Specifically for Nissan, they do indeed have a massive opportunity to gain a large % of U.K. market share, but as you say parts may be an issue, but not an insurmountable one. However this only comes into play if we have no FTA with the EU. In which case we also do not have any ‘level playing field’ and can change sector taxation or whatever to assist them getting over any tariffs. The sensible solution is an FTA and always has been, but that Is down to the EU....

 

[Jebus_lives]

Specifically for Nissan, they do indeed have a massive opportunity to gain a large % of U.K. market share, but as you say parts may be an issue, but not an insurmountable one. However this only comes into play if we have no FTA with the EU. In which case we also do not have any ‘level playing field’ and can change sector taxation or whatever to assist them getting over any tariffs. The sensible solution is an FTA and always has been, but that Is down to the EU....

I still think the most likely outcome is a deal with the EU.

 

[peteblue]

I still think the most likely outcome is a deal with the EU.

I think so too...

 

[NilSatisOptimum]

People vote Tory and every other party on a narrative that in reality rarely end up being the thing they were promisted , its mostly what is the best of the rest that gets voted through.
People voted for brexit for many reasons same as people voted to stay for many reasons, thats there choice, we are leaving so lets see what happens.
I dont for one minute think if they do a deal it will be anything like most people have were expecting.
The goverment will then have the country both stay and leave saying was it really worth the bother.

well thats something else who really controls big buisness and the affect the global multi nationals have on all counties in the west, not just in the EU and UK?

Indeed the fallacy of "Sovereignty" will ultimately be short lived, if lived at all. We'll cede it to get any trade deals we can get. India for example and I can almost guarantee will demand we open the flood gates to Indian citizens into the UK in exchange for access to it's markets and industry. Sovereignty is pretty meaningless in this day and age of a globalised Economy of multi nationals and it's trade.

 

[Huyton Layne]

Cba doing any deep reading but want to keep this thread arguing...


also

 

[peteblue]

Indeed the fallacy of "Sovereignty" will ultimately be short lived, if lived at all. We'll cede it to get any trade deals we can get. India for example and I can almost guarantee will demand we open the flood gates to Indian citizens into the UK in exchange for access to it's markets and industry. Sovereignty is pretty meaningless in this day and age of a globalised Economy of multi nationals and it's trade.

Do you have a problem with Indian citizens coming to the U.K. ?.....